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Danish Gambling Revenue Climbs to DKK 7.27 Billion in 2024 Amid Growth in Online Casinos
In 2024, the Danish gambling industry saw a 6.9% increase in Gross Gambling Revenue, totaling DKK 7.27 billion, up from DKK 6.8 billion in 2023, according to the Danish Gambling Authority, Spillemyndigheden.
The growth was largely attributed to the rise of online casinos, which enjoyed a 14.7% revenue boost. Online casinos now make up 48.6% of the total market, contributing DKK 3.53 billion. Slot games, in particular, dominated the online sector, accounting for 77% of the revenue.
Modest Growth in Betting and Land-Based Casinos
While online casinos led the charge, traditional gambling segments also saw some growth. Betting revenue grew 1.2%, reaching DKK 2.21 billion, while brick-and-mortar casinos increased their revenue by 1.7%, reaching DKK 368 million. The gaming machine segment, however, experienced a slight 1.2% decline, earning DKK 1.16 billion. Digital and mobile betting continued to perform strongly, representing 77% of the total market share.
Gambling Addiction Concerns Grow as Self-Exclusion Rates Increase in Denmark
In addition to the revenue report, Spillemyndigheden provided concerning statistics regarding gambling addiction in Denmark. The number of individuals choosing to self-exclude grew by 21%, reaching 55,899 in 2024. Most self-exclusions were permanent, and the majority of those affected were male, consistent with previous trends.
The 18-25 age group made up over 40% of self-excluded individuals, many of whom had begun gambling before turning 18. Data from the StopSpillet helpline indicated that a substantial portion of the conversations were with family members, reflecting the significant impact of gambling issues on relationships and the need for stronger support systems.
